Ultima Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.ultimamarkets.asia/tc/accounts/open-live-account/, the company's legitimate regulatory information CyprusCYSECStraight Through Processing(STP),South AfricaFSCAFinancial Service Corporate, to enhance the security of the company's address 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius..
Ultima Markets Forex Broker
Basic information
Cyprus
5-10 years Regulated in Cyprus Regulated in South Africa Straight Through Processing(STP) Financial Service Corporate MT4 Full License Global Business Suspicious Overrun High potential riskCompany profile
Ultima Markets Overview
Ultima Markets is a Mauritius-based company regulated by CYSEC (Cyprus Securities and Exchange Commission) and FSCA (Financial Sector Conduct Authority). The broker offers maximum leverage of up to 1:2000, with spreads starting from 0 pips. The minimum deposit required to open an account is 50 USD. Trading is available through the MT4 platform, and the market instruments include Forex, Precious Metals & Commodities, Indices, and Shares.
Regulatory Status
| Regulatory Agency | Current Status | License Type | Regulated By | License No. |
| Cyprus Securities and Exchange Commission | Regulated | Straight Through Processing (STP) | Cyprus | 426/23 |
| Financial Sector Conduct Authority | Exceeded | Financial Service Corporate | South Africa | 52497 |
Market Instruments
Ultima Markets offers a diverse range of trading products, including Forex, Precious Metals & Commodities, Indices, and Shares. Traders can gain advantages in the worlds largest and most liquid market with low spreads, high leverage, and opportunities to trade on global events.
| Trading Product | Available in Ultima Markets |
| FOREX | ✓ |
| Precious Metals & Commodities | ✓ |
| Indices | ✓ |
| Shares | ✓ |
Trading Platform
Ultima Markets provides MT4 platform of desktop and mobile version. The ultra-responsive web interface of MetaTrader 4 (MT4) WebTrader allows you to access your MT4 account from anywhere, anytime. Execute your trades seamlessly through the MT4 WebTrader without downloading or installing anything.
Account Types
Ultima Markets offers four account types: Standard, ECN, Standard Cent, and ECN Cent, all providing access to diverse market instruments including currency pairs, indices, commodities, and CFDs. Leverage is up to 2000:1, with spreads ranging from 0.0 to 1.0 pips.
The Standard Account has no commission and a 50 USD minimum deposit, while the ECN Account charges a 5 USD commission. The Cent Accounts satisfy smaller traders with minimal commissions.
All accounts support market execution and are available on MT4, WebTrader, and mobile apps.
| Standard Account | ECN Account | Standard Cent Account | ECN Cent Account | |
| Platforms | MT4, Webtrader, Mobile Apps | MT4, Webtrader, Mobile Apps | MT4, Webtrader, Mobile Apps | MT4, Webtrader, Mobile Apps |
| Speed | Market Execution | Market Execution | Market Execution | Market Execution |
| Products | 250+ Currency pairs, Indices, Commodities, Share CFDs | 250+ Currency pairs, Indices, Commodities, Share CFDs | 60+ Currency pairs and Gold | 60+ Currency pairs and Gold |
| Leverage | Up to 2000:1 | Up to 2000:1 | Up to 2000:1 | Up to 2000:1 |
| Minimum spread | 1.0 pips | 0.0 pips | 1.0 pips | 0.0 pips |
| Commission | 0 USD | 5 USD | 0 USC | 5 USC |
| Minimum deposit | 50 USD | 50 USD | 50 USD | 50 USD |
Deposit & Withdrawal
| DepositMethods | AcceptedCurrencies | Fees | Min Amount | Max Amount | Processing Time |
| Mastercard | All | Free | 50 units of accountcurrency | 1,900 USD | 1 Hour |
| VISA | All | Free | 50 units of accountcurrency | 1,900 USD | 1 Hour |
| Bitcoin | BTC | Free | 50 units of accountcurrency | 5,000,000 USDT | 1 Hour |
| Tether | USDT | Free | 50 units of accountcurrency | 5,000,000 USDT | 1 Hour |
| Alipay | RMB/USD | Free | 200 USD | 20,000 RMB | 1 Hour |
| UnionPay | RMB | Free | 200 USD | 49,999 RMB | 1 Hour |
| International EFT | All | Intermediary bank fee & Transfer fee* | 50 units of account currency | 99,999,999.99 USD | 2-5 Working Days |
| VND | VND/USD | Free | 300,000,000 VND | 300,000,000 VND | 1 Hour |
| THB | THB/USD | Free | 500,000 THB | 500,000 THB | 1 Hour |
| MYR | MYR/USD | Free | 50,000 MYR | 50,000 MYR | 1 Hour |
| IDR | IDR/USD | Free | 100,000,000 IDR | 100,000,000 IDR | 1 Hour |
Deposit Bonus
The initial deposit bonus is 50%, and all subsequent deposits will receive an additional 20% credit bonus. Below is an example of the calculation.
Rating Index
MASTER
VISA
Similar Broker Info
Similar Broker Accounts
Similar Broker Safe
Similar Broker Review
Similar Broker Trade
Latest Reviews
FX2301887744
Japan
I applied for a withdrawal, but I was rejected with only a confirmation response and my principal has not been returned.
Exposure
2024-10-21
Wian
Pakistan
My Ultimamarkets mt4 id is 854267. This broker scammed me 717$. I did Normal trade i deposit 801$ and did profit of 300$. First i placed withdraw of 325$, this broker rejected my withdraw At the end they removed my capital with profit from my portal and refused to give me single penny. A regulated broker never do this to their clients. How a regulated can remove funds from mt4 and client portal without permission of his client ? did deduct all profit I am attaching all my proof here please declare this broker as scam. Many traders are raising voices against this broker at trust pilot. I am also in contact with other effected traders of ultimamarket and we will declare this broker as scam broker from their regulations.
Exposure
2024-07-22
FX2301887744
Japan
No matter how many times you inquire, you will only receive a form letter in response. Let's absolutely avoid making any deposits!
Exposure
2024-10-24